Interest Calculator
Simple or compound interest with an optional year-by-year table.
—Final amount
—Total interest
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AHow to use
- 01 Enter the principal, annual rate and number of years.
- 02 Choose simple interest or annual/monthly/daily compounding.
- 03 See the final amount, total interest and the yearly schedule.
QFAQ
Simple vs compound interest — what's the difference? ＋
Simple interest is earned only on the principal. Compound interest is earned on principal plus accumulated interest, so growth accelerates over time.
Is this financial advice? ＋
No — results are mathematical illustrations that ignore taxes, fees and inflation. Confirm with your bank before making decisions.